Economy and companies

Economy and Companies

Jordan is located in the Middle East , surrounded by Syria , Iraq , Saudi Arabia and Israel. Jordan  is undoubtedly considered as  a key element in the stability of the Middle East. Thanks to the economic liberalization of the country, it has been witnessing an economic boom since the 2000s.

Jordan, a small constitutional monarchy has served as an island of stability and security in the Arab countries. The democratization process continues in this country that enjoys good relations with its neighbors. Its economy , supported by its position as a refuge for Iraqi , Syrian and Palestinian capital , is open, and with a good level of education, the workforce is highly skilled .

Jordan is considered as  the Number One destination for medical tourism in all the Arab countries ( and fifth destination in the world ) , thanks to the quality of its workforce and its hospital facilities .

Jordan depends on several economic sectors such as  banking , tourism, trade , real estate, renewable energy. However, the uncertainty of the Syrian conflict has caused the influx within two years of 1, 2 million Syrians in a country with only 6.4 million inhabitants.

Although its economy is somewhat weakened by the economic situation surrounding it, Jordan was able to maintain and preserve its economy, it actually recorded in 2012 an economic growth of 2.8%. 

Ambitious , Jordan has developed in many areas including financial services, it is worth noting that  the first Arab bank is a Jordanian bank.

France plays an important role in the Jordanian economy as it is considered the third largest foreign investor behind Kuwait and Saudi Arabia. It is also the first European investor in the kingdom. Although exports from France to Jordan are considered a bit weak, only 2.3 % in 2012, the presence of large French groups in Jordan  such as Orange , Total, Lafarge , Suez, is significant .

 

General Information

Area : 92 km2 .300

Capital: Amman

Currency: Jordanian dinar JD

Language: Arabic

Language (s) of business : English

Population: 6.4 million in 2012

 

Economic data in 2012

 

Main Economic Indicators of Jordan:

 

Nominal GDP at market prices / M in JOD ( billion USD) 21965

Net debt as% of GDP  : 75.5% of GDP in 2012

GDP per capita : $ 4,901 in 2011

Growth rate : 2.7 % in 2012

Inflation rate: 4.8% in 2012

Unemployment rate: 12.5% in 2012

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Patron Members

    • Airfrance
    • Orange
    • Societe General
    • Total

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3, Abdul Muneim Rifai Street 
P.O Box 840152 
Amman 11180 JORDAN 

Tel. : 00 (962 6) 463 30 91       
Fax : 00 (962 6) 463 30 90

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